Stories for April 2020

Wednesday, April 15th 2020 - 13:55 UTC
Brazilian agri-business exploring and confirming new markets

Brazilian agriculture continues to penetrate the international market further. The month of March was marked by the opening of new markets for Brazilian products and the expansion of sales in other locations. Egypt, for example, has enabled 42 Brazilian establishments to supply meat – 27 for poultry and 15 for beef – in addition to the renewal of licenses for 95 companies – 82 for beef and 13 for poultry.
Wednesday, April 15th 2020 - 13:51 UTC
Argentina is readying to announce terms of the US$ 83bn debt restructure

Argentina is expected to announce an offer to restructure US$ 83 billion in foreign-currency bonds any moment as it tries to avoid default, despite shutting down the economy to contain the spread of the coronavirus.
Wednesday, April 15th 2020 - 13:14 UTC
As demand from China and G7 members plunges, LAC faces sharp decline in growth, World Bank report

The Latin America and Caribbean (LAC) region is seeing a sharp decline in growth due to the COVID-19 (coronavirus) crisis, which requires several policy responses to support the most vulnerable, avert a financial crisis, and protect jobs, according to a new report from the World Bank.
Wednesday, April 15th 2020 - 13:00 UTC
“A bomb” hit Ecuadorean city of Guayaquil: “no space for the living or the dead”

Ecuador's economic capital Guayaquil is reeling from the most aggressive outbreak of COVID-19 in Latin America after the pandemic hit the city “like a bomb,” its mayor said. Cynthia Viteri has emerged from her own bout with the virus to battle the worst crisis the port city of nearly 3 million people has known in modern times.
Wednesday, April 15th 2020 - 12:48 UTC
A 99 year old Brazilian WW2 veteran released from hospital after “defeating” COVID-19

A 99-year-old World War II veteran in Brazil was released from the hospital with military honors on Tuesday after recovering from COVID-19. Second Lieutenant Ermando Piveta, who served in the Brazilian artillery in Africa during World War II, was brought out of the Armed Forces Hospital in Brasilia to a burst of trumpet music and applause.
Wednesday, April 15th 2020 - 10:55 UTC
Second humanitarian corridor for Greg Mortimer's passengers will depart this Wednesday

The Uruguayan government announced on Tuesday that it will evacuate the remaining passengers on the Antarctic cruise ship Greg Mortimer through a second humanitarian corridor. There will be about 15 passengers who have remained in the ship anchored in front of the port of Montevideo, where there are people with the COVID-19 disease.
Wednesday, April 15th 2020 - 10:54 UTC
Greg Mortimer: Climate delays evacuation of passengers from Australian cruise stranded in Montevideo

The last passengers residing on an Australian ocean liner, anchored off Montevideo for more than two weeks with cases of COVID-19 on board, will be evacuated to the United States by a medical chartered flight, announced on Tuesday the American embassy in Uruguay.
Wednesday, April 15th 2020 - 10:07 UTC
Obama: ”Joe (Biden) has all the qualities we need in a president right now”

Barack Obama endorsed Joe Biden's White House bid on Tuesday, saying his longtime vice president can unify and “heal” a nation struggling through some of its darkest moments.
Wednesday, April 15th 2020 - 10:04 UTC
US will hold nations and individuals responsible for the pandemics accountable, announces Pompeo

The United States is seeking to “fundamentally change” the World Health Organization, Secretary of State Mike Pompeo said on Tuesday after Washington decided to withhold contributions during the coronavirus pandemic. The United States is the top donor to the WHO, offering US$400 million last year.
Wednesday, April 15th 2020 - 10:02 UTC
IMF approves immediate debt relief for 25 of the poorest country members

IMF Managing Director Ms. Kristalina Georgieva announced that the Executive Board approved immediate debt service relief to 25 of the IMF’s member countries under the IMF’s revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund’s response to help address the impact of the COVID-19 pandemic.